Stay Connected. Stay Informed.
Business
Image used for representational purpose only. | Photo Credit: Reuters Sensex and Nifty darted up to fresh lifetime highs on Friday, propelled by a rally in global markets and fresh foreign capital inflows. Besides, buying in telecom, auto and tech stocks also helped markets to settle with gains, traders said. Rallying for the 11th day…
Representational image only. | Photo Credit: The Hindu The Rupee fell 12 paise to settle at 83.15 (provisional) against the U.S. dollar on September 15, dragged down by rising crude oil prices and a strong greenback against major rivals overseas. “However, a positive trend in domestic markets restricted the downside for the local unit,” forex…
Read More “Rupee falls 12 paise to close at 83.15 against U.S. dollar” »
Representational file image | Photo Credit: K.R. Deepak India’s goods exports shrank for the seventh successive month in August, but the pace of decline eased to 6.86% from double digit contractions in recent months, with shipments worth $34.5 billion in the month. The merchandise Import bill for August dropped 5.23% year-on-year to $58.64 billion, but…
Representational image only. | Photo Credit: Reuters Shares of SpiceJet on September 15 climbed more than 4% after the company completed a payment of $1.5 million to global investment bank and financial services firm Credit Suisse. The stock gained 4.22% to ₹40 after a positive beginning on the Bombay Stock Exchange (BSE.) SpiceJet has complied…
Equity benchmark indices Sensex and Nifty hit new record peaks in early trade on Friday | file hpot | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty hit new record peaks in early trade on Friday, helped by a rally in global markets and fresh foreign inflows. Rallying for the 11th day running, the…
Read More “Sensex, Nifty hit fresh record peaks in early trade” »
India’s benchmarks hit new record highs for the second consecutive session on Friday, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate concerns aided sentiment. The Nifty 50 was up 0.35% to 20,173.15 by 9:15 a.m. IST, while the S&P BSE Sensex gained 0.38% to 67,774.46. ($1 = 83.0300 Indian rupees)…
File photo of Food Secretary Sanjeev Chopra. | Photo Credit: The Hindu Retail prices of key essential food items, especially wheat, rice, sugar, and edible oil prices, are unlikely to see any sharp upswing in the upcoming festival season as the country has adequate supply and the government is keeping a close vigil on hoarders,…
September 14, 2023 06:05 pm | Updated September 15, 2023 02:44 am IST – New Delhi A worker carries a ladder past sacks filled with wheat at a Food Corporation of India (FCI) warehouse in Punjab. File | Photo Credit: Reuters Sensing an upward movement in wheat prices and fearing hoarding ahead of the festive…
Read More “Govt. limits wheat stocks to control price rise, hoarding” »
The NSE benchmark Nifty advanced over 33 points to close at a fresh lifetime high of 20,103 while Sensex ticked higher for the tenth straight session on Thursday, helped by fag-end buying in oil & gas, metal and commodity stocks amid a largely firm trend in global equities. After swinging between gains and losses throughout…
Read More “Nifty hits fresh record; Sensex extends rally for 10th day” »
The rupee pared initial gains to settle 2 paise lower at 83.03 (provisional) against the U.S. dollar on Thursday, weighed down by a surge in crude oil prices and strong American currency overseas. However, a positive trend in domestic markets cushioned the downside for the local unit, forex traders said. At the interbank foreign exchange…
Read More “Rupee falls 2 paise to close at 83.03 against U.S. dollar” »
